OK BP I'm going to need your help with this one!

[Adam T. Veitenheimer]

I found an amazing deal that I am looking for help to initiate.

The Gist, 13 duplex properties; 26 2bd/1bth units currently fully occupied and renting at $700 per unit (which is low for the area, $750-$850 is more common). These properties are a bulk deal listed at $1,235,000. Taxes are approximately $1300 per month total for all properties.

After crunching the numbers, taking out for the payment, interest, insurance, taxes you are left with a cash flow approx. $14,000 per month. (not including PM, & Reserves for evictions, replacements, etc.) A property management company would be used to maintain these units at 8%.

So the numbers make sense that this is a great deal. So my question BP is, knowing that I would need a commercial mortgage to acquire this investment:

What options do I have as a beginner investor? I have liquid reserves available but no where near the requirement for the down payment.

Is it possible to get a loan for a down payment on this and then refinance both loans after a few months into a single 30 year, being that it is 13 separate properties?

Are there other options?

I appreciate any help.